How to choose a forex platform? Forex platform regulation

First of all, it should be clear that out of the bank, there is no formal authorized foreign exchange platform in China, so some platforms that claim to be domestic do not believe in any steady profit and guaranteed income.

Here are a few things to know before choosing a forex platform:

1. Regulatory conditions - to ensure the formal standards of the platform.

This is the most important and effective way. There is no formal supervision of the foreign exchange trading platform, there is almost no security at all, so to judge whether a platform is safe and credible, it is necessary to look at the supervision, not only to see whether the regulatory authority is authoritative, but also to see whether there is a regulatory number.

2. Separation of funds - the standard to ensure the safety of funds.

The separation of funds means that the user's funds and the operating funds of the foreign exchange platform need to be stored separately, and under the specifications of the regulatory authorities, the formal foreign exchange platform will provide traders with segregated accounts.

3. Trading software - the standard to ensure the security of transactions.

At present, there are many kinds of trading software in the foreign exchange market, and only formal and stable trading software can ensure the safety of trading, so be careful of those platforms that are privately built or not formal enough trading software, because this kind of software will occur in various unstable situations in the transaction process, and it is impossible to conduct quality transactions at all.

4. Customer complaints.

A supervised platform is not necessarily 100% safe, pay attention to its customer complaints, too many customer complaints, explain many problems, and it is not recommended to choose.

There are many foreign exchange platforms, and when choosing, you must pay attention to choosing a large platform as much as possible, which is relatively safer.

It is not difficult to supervise the foreign exchange platform, you must know that there are only a few formal foreign exchange platforms, and pay attention to see if it is regulated when choosing. Be sure to choose a platform that is highly regulated. The UK FCA, the US NFA, the Hong Kong Securities and Futures Commission, and the ASIC Australian Securities and Futures Commission are all OK.

If you are a novice, you can use ATFX, the spread is low, the deposit and withdrawal are fast, and the account can be received within one working day, this kind of platform is relatively safe. When a novice is just starting out, be sure to do what you can, don't be greedy, and don't expect too much. Investing is inherently risky.

When choosing a foreign exchange platform, you need to first verify the authenticity of the foreign exchange platform. Let's answer how to judge the authenticity of a platform:

To judge whether a foreign exchange platform is legitimate, you can first check the establishment of the platform, the country where it is located, the regulatory authority, etc.

China has not yet fully opened up to foreign exchange, so there is no formal foreign exchange platform in China.

In addition, even if it is a foreign foreign exchange platform, if it has been established for a short time and there is no regulatory foreign exchange platform, it should be noted that this is informal and needs to be discerned.

Bank. Don't think about other platforms.

I know of several relatively safe forex platforms, but I usually look at these forex platforms from the Forex Eye. I hope you will be satisfied with my answers.

I use foreign exchange Tianyan a lot, and the ** and assessment of this platform are based on real evidence, and I will go directly to the offline office of the platform for assessment, and recommend it.

There are actually a lot of such platforms, but the service level varies greatly, you can go to FX123 to check it yourself.

When choosing a platform, you must choose a platform that accepts formal supervision, and the current more authoritative regulators include the US NFA and the UK FCA.

Feature 1 of the formal foreign exchange platform: strict supervision.

At present, the supervision of Europe and the United States is the most stringent, such as the U.S. NFA, THE U.K. FCA and other very strictly regulated institutions. Formal foreign exchange platforms must be subject to the supervision of such regulatory agencies, and they all have accurate regulatory numbers that can be queried. If investors are inquiring about the regulatory **, they can see the regulatory information of the formal foreign exchange platform.

Feature 2 of the regular foreign exchange platform: less trading restrictions.

Formal foreign exchange platforms are to throw investors' orders directly into the foreign exchange market for trading, without participating in any transactions, so there are almost no trading restrictions. Many foreign exchange platforms and investors are gambling, if investors make a profit, the foreign exchange platform will lose money, so the transaction will be restricted. For example, you can't scalp, you can't use EAs, you can't trade frequently, etc.

Feature 3 of the regular foreign exchange platform: no duplication**.

The regular foreign exchange platform is not duplicated, and it does not participate in the transactions of investors. The foreign exchange platform for gambling may be repeated, and the trading platform of the market maker model, due to the delay on the market, may change when it is time to trade, and it will be re-introduced to investors.

Feature 4 of the regular foreign exchange platform: there is very little slippage.

All foreign exchange platforms cannot avoid slippage, and regular foreign exchange platforms cannot avoid it, but the probability of slippage on regular foreign exchange platforms is very small, and if slippage occurs, regular foreign exchange platforms generally have a compensation mechanism.

The State Administration of Foreign Exchange's online service platform and application platform are the same thing, which is a platform provided by the State Administration of Foreign Exchange to banks, import and export enterprises, and foreign-funded enterprises to handle business.

The online service platform is for enterprises and banks to do services, after logging in to the platform, there is a column is the login interface of enterprises. The business scope of the online service platform is ** credit, that is, export forward foreign exchange collection, export pre-receipt, import prepayment, import deferred payment 4 types of import and export business to form the first foreign ** claim and debt. FXOnet is a formal foreign exchange trading platform registered in the United Kingdom, Australia and Cyprus, providing a variety of trading services such as **, indices, commodities, foreign exchange and so on.

Hope it can help you.

Go directly to the foreign exchange stove Zhengtianyan hidden regret** to view the easy-to-use foreign exchange trading platform, which can check the regulatory agencies of the foreign exchange platform, transaction data and risk conditions. You can unify to know and understand the blind.

Which foreign exchange platform to use Paili, it is still very simple to understand the relevant information. Enter the WikiFX to search for relevant information, and you can confirm the clearance and dismantling, and you can also understand the details of the transaction.

1. At present, foreign exchange is generally found in the United States or the United Kingdom, which is regulated by the U.S. NFA and the British FSA.

2. Remittance directly to the custodian bank where the dealer is located, instead of remitting to a bank in China or Hong Kong.

3. Regular merchants only accept US dollars and do not accept people's Xiqing coins.

To determine whether a forex platform broker is regulated, you need to go to the corresponding regulatory authority** to check the broker's license! The purpose of foreign exchange supervision is to ensure the stability of the financial system, protect the capital security of investors in investment and financial products, and promote the operation of the financial market. There are clear regulations on penalties for violating the law.

That is to say, if the foreign exchange trading platform is found to be irregular, the regulatory authority will impose penalties, ranging from fines to revocation of licenses and lifetime bans from conducting foreign exchange markets. It can be seen that the regulated foreign exchange brokers have certain requirements in terms of management level, financial status, basic knowledge or forest facilities, etc., and their operation will be more standardized, making it easier to gain the trust of customers. At present, the five most stringent regulatory agencies recognized internationally as the five powerful countries are as follows:

National Association (NFA), Financial Conduct Authority (FCA), Australian Investment Commission (ASIC), Swiss Financial Market Supervisory Authority (FNMA), Financial Services Agency (JFSA). If a forex broker holds the licenses of the above two regulators, it can basically be judged that it is a safe investment platform! Of course, the more regulation you receive, the more you can say about the strength of a forex broker about the more forex flat.